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Page 4 of 4 <br />STRATEGIC PLAN ALIGNMENT <br />Approval of this action advances the Citywide ONE Pleasanton strategic plan goal of Funding <br />our Future to support financial health and sound fiscal policies through long-term planning, <br />cost recovery, increased revenue, and cost containment. <br /> <br />FISCAL IMPACT <br />The GHAD Division is a Special Revenue Fund in the FY 2023/24 and FY 2024/25 Operating <br />Budget for Engineering/Public Works Department. The budget anticipated $88,929 in Total <br />Division Revenues and $195,557 in Total Division Expenditures. Special Revenue Funds <br />allocated to the GHAD Division can only be spent within the GHAD program, and specifically <br />within the individual GHAD where the assessments were collected (i.e., no commingling). The <br />increase in expenditure shown in the budget was due to a landslide that occurred within the <br />Laurel Creek GHAD where reserves will be used to fund a future repair. <br /> <br />The City pays for two parcels within the Laurel Creek assessment ($864), one parcel within the <br />Moller Ranch District ($133), and one parcel within the Oak Tree Farm District assessment <br />($355), as the City owns properties within these districts. These properties contain public <br />facilities, such as water tanks and pump stations. <br /> <br />The City’s cost to administer the four GHADs is funded by the assessments. <br /> <br />Prepared by: Submitted by: Approved by: <br /> <br />Michael Stella, Senior Civil <br />Engineer <br />Siew-Chin Yeong, Director of Public <br />Works <br /> <br />Gerry Beaudin, City <br />Manager <br /> <br />Attachments: <br />1. Resolution: Laurel Creek GHAD <br />2. Resolution: Moller Ranch GHAD <br />3. Resolution: Lemoine Ranch GHAD <br />4. Resolution: Oak Tree Farm GHAD <br /> <br />Page 6 of 18